Simplify compliance with our revenue accounting software, built specifically to handle the new converged U.S. GAAP and IFRS revenue standard. With native support for multiple GAAPs, our solution also helps you manage the transition period more easily.

Gain the flexibility you need to support different revenue recognition methods as well as multi-element scenarios. See which operational items are considered by the revenue and accounting engine – and how they are treated.

Rely on our ongoing monitoring of the accounting standards process as well as interpretation of new regulations. An active participant in the regulatory process, SAP makes it easy to stay on top of new requirements.

Eliminate the need for manual processes and spreadsheets, reduce errors, and shorten audit time – while ensuring compliance. Automate your standard processes so that you can spend more time on complex contracts and specific contract terms.

Easily integrate your accounting software with both SAP solutions and non-SAP systems with our adapter framework. The adapter reuse layer (ARL) can take data from operational items and events that are relevant for revenue accounting. The structure of the data can be configured separately for different operational items and for different operational systems. The ARL then transforms the data into revenue accounting contracts and performance obligations based on the defined rules.

Quickly adopt and maintain SAP solutions

Get the support you need to efficiently implement and operate your SAP solutions – and take advantage of new technologies. We offer a range of support services, from foundation level to strategic engagement and co-innovation.

Get ready for IFRS 15 Revenue Recognition Standards

May 2014 initiated the countdown to the 2018 deadline for implementation of the new IFRS 15 Revenue Recognition Standards. Will you be ready?

Start your compliance assessment now with our SAP Advisory for IFRS15 Service, in order to evaluate your needs and next steps.

Learn how SAP Digital Business Services enables your transition to the new standard through seven steps and a full set of services — offering an end-to-end portfolio covering all SAP applications, on-premise and in the cloud. Make sure you keep pace with the evolving business landscape simply and seamlessly: